May 10, 2008
Retailers Post Gains; Groceries Feed Wal-Mart
“What they are picking up in sales they are giving back in margins. This is not a fundamental shift that we've hit bottom and now all is rosy.”
Consumers seeking value and buying groceries and other necessities bolstered April sales at discounters, and a tighter hold on wallets led to cautious spending in discretionary items, yielding mixed results for ... via SmartMoney
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